News & Videos - LOCKHEED MARTIN - Page 4

Lockheed Martin selected as preferred bidder for JP9102 PR Newswire DENVER and CANBERRA, Australia, April 3, 2023 DENVER and CANBERRA, Australia , April 3, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) welcomes today's announcement that it has been selected by the Commonwealth of Australia as the preferred bidder for Project JP9102, the Australian Defence Satellite Communications System. The multi-billion dollar JP9102 project will provide the Australian Defence Force (ADF) with a sovereign...

Crescent Space to Deliver Critical Services to a Growing Lunar Economy PR Newswire DENVER, March 28, 2023 Crescent's Lunar Network Provides Customers with Game-Changing Communications and Navigation Capabilities DENVER , March 28, 2023 /PRNewswire/ -- Today, Crescent Space Services LLC announced its entry into the lunar infrastructure sector. Crescent Space is a new commercial company launched by Lockheed Martin (NYSE: LMT) that provides infrastructure-as-a-service for lunar missions. Why Invest...

DSTA AND LOCKHEED MARTIN TO COLLABORATE ON DATA ANALYTICS AND WORKFLOW AUTOMATION PR Newswire SINGAPORE, March 27, 2023 SINGAPORE , March 27, 2023 /PRNewswire/ -- Singapore's Defence Science and Technology Agency (DSTA) and global security and aerospace company, Lockheed Martin have signed a collaboration agreement that will pave the way for joint efforts in exploring data analytics and workflow automation that enable mission readiness. Established on the sidelines of the Singapore Defence...

Lockheed Martin teamed with Innoflight on the Space Development Agency (SDA) Tranche 0 Transport Layer (T0TL) program for the delivery of 10 Space Vehicles (SVs) Lockheed Martin is on contract with SDA to deliver 42 Space Vehicles (SVs) for the Tranche 1 Transport Layer (T1TL) to be launched in 2024. Innoflight is on contract with Lockheed Martin and Terran Orbital to deliver key avionics including communications, encryption/decryption, networking, processing with data storage, and precision...

Lockheed Martin and Royal Bahraini Air Force Celebrate Bahrain's First F-16 Block 70 Aircraft in Greenville, South Carolina PR Newswire GREENVILLE, S.C., March 10, 2023 GREENVILLE, S.C. , March 10, 2023 /PRNewswire/ -- Bahraini, American and Lockheed Martin officials today celebrated the first F-16 Block 70 for the Royal Bahraini Air Force today at Lockheed Martin [NYSE: LMT] in Greenville, South Carolina . The Kingdom of Bahrain has a unique history with the F-16: It was the first F-16 operator...

Lockheed Martin Chief Financial Officer to Speak at J.P. Morgan Industrials Conference PR Newswire BETHESDA, Md., March 9, 2023 BETHESDA, Md. , March 9, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the J.P. Morgan Industrials Conference on Thursday, March 16, 2023 at 10:30 a.m. to 11:10 a.m. ET . Access to the webcast will be available at: http://www.lockheedmartin.com/investor . An audio replay will be available for...

Lockheed Martin, Korea Aerospace Industries & Red 6 Aerospace Announce Emerging Technology Partnership PR Newswire FORT WORTH, Texas, March 7, 2023 FORT WORTH, Texas , March 7, 2023 /PRNewswire/ -- Today Lockheed Martin [NYSE: LMT], Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft. The partnership will initially bring Red 6's revolutionary augmented reality...

Delivery Celebration Ceremony for First F-16 Block 70 in Greenville, South Carolina, to be Livestreamed PR Newswire GREENVILLE, S.C., March 2, 2023 GREENVILLE, S.C. , March 2, 2023 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] has announced senior Bahraini, U.S. government, military and aerospace industry officials will soon celebrate the delivery of the first Royal Bahraini Air Force F-16 Block 70. The event, to be held 11 a.m. ET on Friday, March 10 , marks a major milestone for the F-16 Block...

H3X Technologies today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company. H3X designs and manufactures advanced electric motors to enable sustainable aviation and other high-performance applications. This latest funding brings the total raised by H3X to $9M. The investment will be used to accelerate technology development and commercialization of H3X’s HPDM family of...

Lockheed Martin Delivers First C-130J-30 Super Hercules to the Indonesian Air Force PR Newswire MARIETTA, Ga., Feb. 21, 2023 The IDAF will receive a total of five Super Hercules tactical airlifters MARIETTA, Ga. , Feb. 21, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of five C-130J-30 Super Hercules tactical airlifters to the Indonesian Air Force (IDAF) during a ceremony here today, commemorating a new era in Hercules operations for this longtime C-130 operator. The...

Lockheed Martin Awarded $1.1 Billion Initial Contract to Provide Nation's First Sea-Based Hypersonic Strike Capability PR Newswire LITTLETON, Colo., Feb. 17, 2023 Company will integrate weapon system onto U.S. Navy surface ships LITTLETON, Colo. , Feb. 17, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is partnering with the U.S. Navy to integrate hypersonic strike capability onto surface ships. The U.S. Navy awarded Lockheed Martin a contract worth more than $2 billion , if all options are...

VISTA X-62 Advancing Autonomy and Changing the Face of Air Power PR Newswire EDWARDS AFB, Calif., Feb. 13, 2023 EDWARDS AFB, Calif. , Feb. 13, 2023 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) VISTA X-62A, a one-of-a-kind training aircraft, was flown by an artificial intelligence agent for more than 17 hours recently, representing the first time AI engaged on a tactical aircraft. VISTA, short for Variable In-flight Simulation Test Aircraft, is changing the face of air power at the U.S. Air...

Lockheed Martin Chief Financial Officer to Speak at Cowen's 44th Annual Aerospace/Defense & Industrials Conference PR Newswire BETHESDA, Md., Feb. 9, 2023 BETHESDA, Md. , Feb. 9, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at Cowen's 44th Annual Aerospace/Defense & Industrials Conference on Thursday, Feb. 16, 2023 from 10 a.m. to 10:40 a.m. EST . Access to the webcast will be available at:...

Thinking about trading options or stock in Baidu, Skyworks Solutions, Apple, Lockheed Martin, or Microsoft? PR Newswire NEW YORK, Feb. 7, 2023 NEW YORK , Feb. 7, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BIDU, SWKS, AAPL, LMT, and MSFT. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of...

DARPA, AFRL, Lockheed Martin and Aerojet Rocketdyne Team's Second Hypersonic Air-breathing Weapon Concept Launched from B-52 Accomplishes All Test Objectives PR Newswire PALMDALE, Calif., Jan. 30, 2023 DARPA's Latest HAWC Flight Test Demonstrates Mature, Affordable Hypersonic Systems Design and Manufacturing Techniques PALMDALE, Calif. , Jan. 30, 2023 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA), Air Force Research Lab (AFRL), Lockheed Martin (NYSE: LMT) and Aerojet...

Lockheed Martin Declares First Quarter 2023 Dividend PR Newswire BETHESDA, Md., Jan. 26, 2023 BETHESDA, Md. , Jan. 26, 2023 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2023 dividend of $3.00 per share. The dividend is payable on March 24, 2023 , to holders of record as of the close of business on March 1, 2023 . About Lockheed Martin Headquartered in Bethesda, Maryland , Lockheed Martin Corporation is a global security and...

Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company. Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products. This latest funding brings the total raised by Machina Labs to $21.8M. The investment will be used to accelerate company growth to meet customer demand, and to expand R&D into additional processes and...

SAP Expands 25-Year Partnership with Lockheed Martin PR Newswire BETHESDA, Md., Jan. 25, 2023 Lockheed Martin Chooses RISE with SAP as the Secure Solution to Fuel 1LMX Transformation BETHESDA, Md. , Jan. 25, 2023 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) and SAP SE (NYSE: SAP) announced today an expansion of their strategic relationship to transform the mission-critical business systems that power Lockheed Martin's OneLM Transformation Program (1LMX). 1LMX is the industry-leading...

Lockheed Martin Announces Successful First Flight of F-16 Block 70 Aircraft PR Newswire GREENVILLE, S.C., Jan. 24, 2023 GREENVILLE, S.C. , Jan. 24, 2023 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] today announced the successful first flight of the F-16 Block 70 at its Greenville, South Carolina site. The flight occurred Jan. 24 at 9:17 a.m. ET , with Lockheed Martin test pilots Dwayne "Pro" Opella and Monessa "Siren" Balzhiser at the helm. Total flight time was approximately 50 minutes and...

Lockheed Martin Reports Fourth Quarter and Full Year 2022 Financial Results PR Newswire BETHESDA, Md., Jan. 24, 2023 Net sales of $19.0 billion in the fourth quarter and $66.0 billion in 2022 Net earnings of $1.9 billion , or $7.40 per share, inclusive of non-operational charges of $129 million ( $101 million , or $0.39 per share, after-tax) in the fourth quarter Net earnings of $5.7 billion , or $21.66 per share, inclusive of non-operational charges of $1.9 billion ( $1.5 billion , or $5.57 per...